CMG Holdings Total Risk Alpha
| CMGO Stock | | | USD 0.0013 0.00 0.00% |
CMG Holdings total risk alpha lookup summarizes this and related technical indicators for CMG Holdings Group. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. CMG Holdings has a market cap of 1.51 M, operating margin of -8.15%, ROE of -2.72%. Use
Trending Equities to explore allocation context. This includes a position in CMG Holdings Group in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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CMG Holdings Group has current Total Risk Alpha of 0. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0 | |
| ER[a] | = | Expected return on investing in CMG Holdings |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on CMG Holdings |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
CMG Holdings Total Risk Alpha Peers Comparison
CMG Total Risk Alpha Relative To Other Indicators
CMG Holdings Group is rated
below average in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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